• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Solaxy Enhances Solana Performance with Layer-2 and Multi-Chain Access

user avatar

by Giorgi Kostiuk

a year ago


Branded as the first Solana Layer-2 solution, Solaxy has already secured over $3.8 million through its presale. It offers an innovative rollout architecture aimed at enhancing the performance and scalability of the Solana network.

Introduction to Solaxy and Its Significance for Solana

Solaxy provides Solana users with a more scalable and reliable solution through its rollup technology, addressing issues like spam transactions and network congestion. It promises lightning-fast transaction speeds even during peak activity times, minimizing downtime by executing transactions off-chain. Solaxy also facilitates the development of customizable decentralized applications (dApps) and works on integration with Ethereum, enabling users to leverage the liquidity of both platforms.

How to Acquire $SOLX Tokens During Presale

The $SOLX presale allows investors to purchase tokens at a starting price of $0.001574, with prices increasing at each phase. There's an opportunity to stake the tokens for additional rewards, offering up to 1023% annual percentage yield (APY). Upon conclusion of the presale, tokens will be listed on centralized and decentralized exchanges.

Community and Roadmap of Solaxy Project

The project's success largely depends on the community's trust and strength. Solaxy's tokenomics allocate 20% of the tokens to the treasury, 25% as rewards, and 15% for marketing. It has undergone security audits to ensure investor safety. The roadmap outlines several phases, starting from presales and leading to the full-scale deployment of Layer-2 solutions.

Solaxy presents a solution to current Solana limitations, unlocking the platform's potential for decentralized applications. By focusing on scalability, security, and decentralization, Solaxy has positioned itself as one of the most promising projects in the crypto industry.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Hyperliquid Overtakes Solana in Market Valuation

chest

Hyperliquid has recently surpassed Solana in fully diluted valuation, highlighting the rise of revenue-generating chains in the cryptocurrency market.

user avatarTomas Novak

Qivalis Consortium Secures Support for Europe-Pegged Stablecoin Initiative

chest

The Qivalis consortium has secured support from 37 European banks for a Europe-pegged stablecoin initiative to enhance the competitiveness of Europe's digital assets market.

user avatarKaterina Papadopoulou

European Commission Initiates Consultation on Crypto Regulation

chest

The European Commission has launched a consultation to review the EU's regulatory framework on crypto assets, known as the Markets in CryptoAssets Regulation (MiCA), to gather feedback from stakeholders and the public.

user avatarMaya Lundqvist

Bankless Explores the Strategic Partnership Between Coinbase, Circle, and Hyperliquid

chest

Bankless analyzes the strategic partnership between Coinbase, Circle, and Hyperliquid, highlighting its potential to enhance USDC's market share and user experience against USDT.

user avatarLeo van der Veen

HYPE Approaches All-Time Highs Amid Strong Market Support

chest

HYPE is trading near $49.50, approaching critical resistance levels with strong buyer support and increased trading volume, indicating potential for significant price discovery.

user avatarLi Weicheng

Bsquared Technology's License Revoked by Singapore's Central Bank

chest

The Monetary Authority of Singapore has revoked the Major Payment Institution License of Bsquared Technology Pte Ltd due to significant regulatory violations, including gaps in risk management and misleading information.

user avatarAisha Farooq

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.